2015 Budget: FG Raises Masses Hope

IN line with President Jonathan’s commitment to ensuring that the average Nigerian is not subjected to undue hardship, the Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonji-Iweala has said that, inspite of the economic challenges and devaluation of the naira, food prices in the country have not risen, they have remained relatively stable.
Dr Okonji-Iweala, who disclosed this soon after her presentation of the 2015 budget to the National Assembly said, in addition to this, statistics from the Bureau of Statistics in Abuja shows that inflation rate in 2014 has dropped from 81 percent to 79 percent. The presentation was monitored on the Nigerian Television Authority, NTA network news.
Revealing that the 2015 budget was prepared to cater for the common man and based on the economic realities in the country and diversification, she said, in three years time, starting from 2015, there will be a boost in insurance policies and job creation in the country.
She said, the Goodluck Jonathan administration was not unmindful of the economic challenges facing the nation, but assured that, government was prepared to face them headlong and ensure that Nigerians are not subjected to avoidable hardship; hence the 2015 budget was based on the economSic realities of our time.